The downward wave structures are truncated. The support level of 1.6976 curbs the buyers. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy when the formation of the ascending wave structure begins, when the wave A breaches the level of 1.70160 …
The trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the breach of 78.58.
Stop-Loss at 77.36.
Target price levels at 80.44 and …
The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. There is a bullish divergence on the Awesome Oscillator. The downward truncated wave structure finished with the breach of the sloping channel.
Trading idea:
Buy at the breach of 17.225.
Stop-Loss at 17.100.
Target price levels …
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